On 20/12/10 12:00 PM, Jeffrey S. Young wrote:
>> the point of the bubble analogy had more to do with poor speculation driving poor investments than it had to do with the nature of the build outs. I don't really think it would be far-fetched to see it happen again in broadband (perhaps in a better economy),
A "bad economy" is the RIGHT time to build out. Labor is much cheaper
and more readily found, and money is harder to come by which means your
business plan gets more thorough review before you get funding. The
booming economy is when money is spent unwisely and labor costs skyrocket.
jc